Question: CALCULATOR PRINTER VERSION BACK NEXT Question 3 BrambleCompany Ltd. had 249 units in beginning Inventory at a total cost of NT$758,205. The company purchased 498
CALCULATOR PRINTER VERSION BACK NEXT Question 3 BrambleCompany Ltd. had 249 units in beginning Inventory at a total cost of NT$758,205. The company purchased 498 units at a total cost of NT$1,735,530. At the end of the year, Bramble had 187 units in ending Inventory. Compute the cost of the ending inventory and the cost of goods sold under FIFO and average cost. (Round average-cost per unit to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. NT$45.) FIFO Average-cost The cost of the ending inventory NTS NTS The cost of goods sold NT$ NTS Which cost flow method would result in the higher net income? method would result in the higher net income. Which cost flow method would result in inventories approximating current cost in the statement of financial position? method would result in inventories approximating current cost in the statement of financial position. Which cost flow method would result in Bramble paying fewer taxes in the first year? method would result in Bramble paying lower taxes in the first year
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